Axis Bank Nadiad Kheda Gujarat MICR CODE

Find MICR Codes for Axis Bank Nadiad Kheda Gujarat

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MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Pij Road
Contact 2557801
Bank Details Axis Bank Pij Road UTIB0003359
Location Nadiad, Kheda
City Nadiad
District Kheda
State Gujarat
Pincode 387002
Country IN
Address Ground floor shop no 8 n 9 sheryas lalwanis empire behind rail stn pij road nadiad 387002
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 387211003 for Pij Road branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 387211003 of Axis Bank, Pij Road branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Pij Road branch, makes the characters readable even if there are other marks and stamps on it.

A total of 3 branches of Axis Bank are available with micr code -

>>Nadiad (Gujarat) >>Pij Road >>The Nadiad Peoples Coop Bank Ltd

MICR code for Axis Bank Pij Road

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for Pij Road is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 387211003 is the MICR code of Axis Bank for Pij Road branch. MICR code for Pij Road branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank Pij Road is presented in the table alongside.

Use of Axis Bank MICR code for Pij Road branch in nadiad

The MICR code 387211003 is used in RBI cheque clearing process to identify the branch Pij Road and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.

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